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Strategies & Market Trends : Tech Stock Options

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To: Gersh Avery who wrote (53182)	9/18/1998 9:15:00 AM
From: donald sew	Read Replies (1) of 58727

INDEX UPDATE ------------------- The futures are up slightly, so there could be a slight upside bias at the open. Please keep in mind that runups and pullbacks do not go in straight lines. This short-term pullback, which started yesterday, should last a total of 4-6 days, so yesterday was only DAY 1. Unless the highs of 8089 are broken to the upside the short-term pullback is intact. On a statistical basis, the 3rd day after the my CLASS SIGNAL rings, is commonly a strong down day. In this case it would be Monday. It is still triple witching expiration day so arbitrage could still skew things a bit in either direction.

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